EverSource Wealth Advisors LLC Has $310,000 Holdings in Ventas, Inc. (NYSE:VTR)

EverSource Wealth Advisors LLC raised its holdings in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 726.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,267 shares of the real estate investment trust's stock after buying an additional 4,630 shares during the quarter. EverSource Wealth Advisors LLC's holdings in Ventas were worth $310,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Janney Montgomery Scott LLC grew its holdings in shares of Ventas by 2.2% in the third quarter. Janney Montgomery Scott LLC now owns 15,006 shares of the real estate investment trust's stock valued at $962,000 after purchasing an additional 326 shares during the period. Victory Capital Management Inc. raised its stake in shares of Ventas by 2.8% in the 3rd quarter. Victory Capital Management Inc. now owns 127,422 shares of the real estate investment trust's stock valued at $8,172,000 after acquiring an additional 3,468 shares during the period. Kovack Advisors Inc. acquired a new position in shares of Ventas in the 3rd quarter worth approximately $207,000. Huntington National Bank boosted its position in shares of Ventas by 38.6% during the 3rd quarter. Huntington National Bank now owns 1,563 shares of the real estate investment trust's stock worth $100,000 after purchasing an additional 435 shares during the period. Finally, Tokio Marine Asset Management Co. Ltd. increased its holdings in Ventas by 12.0% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 12,881 shares of the real estate investment trust's stock valued at $826,000 after purchasing an additional 1,381 shares during the last quarter. Hedge funds and other institutional investors own 94.18% of the company's stock.

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Analyst Ratings Changes

A number of brokerages have issued reports on VTR. Wedbush boosted their target price on Ventas from $69.00 to $78.00 and gave the company an "outperform" rating in a research report on Friday, February 14th. JPMorgan Chase & Co. boosted their target price on Ventas from $71.00 to $73.00 and gave the company a "neutral" rating in a research report on Friday, March 7th. Argus set a $75.00 price target on shares of Ventas in a research note on Friday, March 7th. Morgan Stanley boosted their price target on shares of Ventas from $65.00 to $70.00 and gave the stock an "equal weight" rating in a research note on Tuesday, March 11th. Finally, Mizuho boosted their price target on shares of Ventas from $68.00 to $75.00 and gave the stock an "outperform" rating in a research note on Tuesday. Four analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Ventas has an average rating of "Moderate Buy" and an average price target of $72.90.

Insider Buying and Selling at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 41,294 shares of the business's stock in a transaction on Friday, February 28th. The shares were sold at an average price of $69.08, for a total transaction of $2,852,589.52. Following the completion of the sale, the chief executive officer now owns 1,138,143 shares in the company, valued at $78,622,918.44. The trade was a 3.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Gregory R. Liebbe sold 3,866 shares of the business's stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $63.00, for a total transaction of $243,558.00. Following the transaction, the chief accounting officer now directly owns 11,371 shares of the company's stock, valued at approximately $716,373. This trade represents a 25.37 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 260,227 shares of company stock worth $17,769,097 over the last 90 days. Insiders own 1.00% of the company's stock.

Ventas Stock Down 0.9 %

Shares of NYSE VTR traded down $0.62 on Wednesday, hitting $67.57. The company had a trading volume of 2,806,868 shares, compared to its average volume of 2,382,807. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $71.10. The business has a 50 day moving average of $63.44 and a two-hundred day moving average of $63.00. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.25. The firm has a market capitalization of $29.54 billion, a P/E ratio of 355.65, a PEG ratio of 2.59 and a beta of 1.37.

Ventas (NYSE:VTR - Get Free Report) last issued its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. As a group, equities research analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 2.84%. The ex-dividend date of this dividend is Monday, March 31st. This is an increase from Ventas's previous quarterly dividend of $0.45. Ventas's payout ratio is currently 1,010.53%.

Ventas Profile

Ventas Inc NYSE: VTR is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.